guesstimate


guesstimate
guesstimate guess‧ti‧mate [ˈgestmt] noun [countable] informal
an attempt to judge an amount or quantity by guessing it:

• In these uncertain economic times, Wall Street earnings estimates more closely resemble guesstimates.

— guesstimate [-meɪt] verb [intransitive, transitive] :

• In the absence of usable pricing information, the best most lawyers can do is to guesstimate a fee before they start work.

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guesstimate UK US (also guestimate) /ˈɡestɪmət/ noun [C] INFORMAL
an approximate calculation of the size or amount of something: »

I would put potential sales at about 100,000, but that's only a guesstimate.


Financial and business terms. 2012.

Look at other dictionaries:

  • Guesstimate — is a portmanteau of the words guess and estimate , first used by American statisticians in 1934 [ [http://www.etymonline.com/index.php?term=guess guess ] Online Etymological Dictionary] or 1935. [http://dictionary.reference.com/browse/guesstimate …   Wikipedia

  • guesstimate — ☆ guesstimate [ges′tə mit; ] for v. [, ges′təmāt΄ ] Slang n. [ GUESS + (ES)TIMATE] an estimate based on a guess or conjecture vt. guesstimated, guesstimating to form a guesstimate of: Also sp. guestimate …   English World dictionary

  • guesstimate — guess ti*mate n. [from guess and estimate] an estimate based on little information, being little better than a guess. [PJC] …   The Collaborative International Dictionary of English

  • guesstimate — (v.) 1902, a blending of GUESS (Cf. guess) (v.) and ESTIMATE (Cf. estimate). Related: Guesstimated; guesstimating. As a noun, from 1906 …   Etymology dictionary

  • guesstimate — (also guestimate) informal ► NOUN ▪ an estimate based on a mixture of guesswork and calculation. ► VERB ▪ estimate in such a way …   English terms dictionary

  • guesstimate — UK [ˈɡestɪmət] / US noun [countable] Word forms guesstimate : singular guesstimate plural guesstimates informal a calculation of the size, value, or amount of something when all the facts are not available to you Derived word: guesstimate UK… …   English dictionary

  • guesstimate — 1. noun An estimate that is hardly any better than a guess, often because it is based on insufficient or unreliable data. 2. verb a) To make a guesstimate. b) To make a guesstimate …   Wiktionary

  • guesstimate — guess|ti|mate [ˈgestımıt] n informal [Date: 1900 2000; Origin: guess + estimate] an attempt to judge a quantity by guessing it →↑estimate ▪ Could you give us a guesstimate of the numbers involved? >guesstimate [ tımeıt] v [I and T] …   Dictionary of contemporary English

  • guesstimate — noun Etymology: blend of guess and estimate Date: 1923 an estimate usually made without adequate information • guesstimate transitive verb …   New Collegiate Dictionary

  • guesstimate — somewhere between guess and estimate guesstimate how many peas are in this jar …   Dictionary of american slang